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Torres Company has the following partially completed stockholders' equity section of the 2021 balance sheet. Some of the information is missing: Stockholders' Equity' 8%
Torres Company has the following partially completed stockholders' equity section of the 2021 balance sheet. Some of the information is missing: "Stockholders' Equity' 8% Preferred Stock, $155 par value, 18,000 shares issued $2,790,000 Common Stock, $28 par value 3,220,000 Additional Paid-In Capital Retained Earnings 1,540,000 Treasury Stock, 10,000 shares at cost -450,000 Total Stockholders' Equity The preferred stock was originally issued at $346 per share. The common stock was originally issued at $214 per share. Required: (a) Calculate the number of issued shares of common stock. (b) Calculate total additional paid-in capital. (c) Calculate total stockholders' equity. Number of issued shares of common stock. Total additional paid-in capital Total stockholders' equity $
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